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The Daily Economy
Why the Old Left–Right Divide No Longer Works
A century ago, Michael Oakeshott, Britain’s great skeptic of politics, a grand project, diagnosed a sickness that now afflicts every Western democracy: the confusion between…
News Release
Fed independence is the real story in Wednesday’s interest rate decision: CEI analysis
Today, the Federal Reserve announced it is cutting interest rates by 25 basis points, the first cut in nine months. CEI senior economist…
The Washington Post
The wine industry doesn’t work the way Washington thinks it does
Owning a vineyard in Napa Valley sounds fancy, but the wine business is, in reality, pretty gritty: It is a low-margin agricultural and food-processing business…
Search Posts
Blog
Public Interest Groups Challenge Nasdaq Diversity Rule in Federal Court
Back in August, I wrote about the new board diversity requirements on Nasdaq-listed companies that had been approved by the Securities and Exchange…
News Release
Latest Producer Price Index Indicates Inflation Too High
The government’s latest numbers on average changes in prices, as measured by the Producer Price Index (PPI), are up at an annualized rate of 8.3…
National Review
Conservatives Waking Up: ‘Responsible Investing’ Could Mean Left-Wing Control
We may finally be seeing a turning point in the world of “sustainable” and “responsible” investing. For the past two decades, those labels have been informed…
News Release
Consumer Spending, Personal Income Growth Hinge on Combating Covid Delta Variant
The federal government today released July data on consumer spending (slower growth compared to June) and personal income growth (higher than expected). CEI Senior…
Study
Screening Out Innovation
Executive Summary This report addresses the appropriate antitrust standards for vertical mergers. It first provides an overview, and then analyzes a specific application to the Federal Trade Commission’s…
Letters
Congress Must Protect U.S. Employers by Passing the Save Local Business Act (H.R. 3185/S. 1636)
Dear Member of Congress, On behalf of the undersigned organizations and the millions of members, supporters and activists across America whom we collectively represent, we…
Real Clear Policy
Don’t Force a One-size-fits-all Framework On Social Investors
Interest in environmental, social, and governance-themed, or ESG, investing has seen significant growth in recent years, but it has been matched by persistent complaints from…
National Review
What Truths Do We Still Hold to Be Self-Evident?
“With all our divisions,” asks George Packer, “what do we have in common? Is there some underlying adhesive that can make us one country again?…
Blog
The Progressive Playbook? Thoughts on a Slippery Slope
Is there a master plan behind the blunders of governments? Or are politicians just making it up as they go along? The cabal model…
News Release
Senate-Passed Infrastructure Bill Is a Gigantic, Counterproductive Spending Bill: CEI Analysis
The Senate today passed a complicated, controversial $1 trillion bipartisan infrastructure bill. CEI policy experts criticized the mammoth bill as a plan that will do…
The Bluefield Daily Telegraph
The Infrastructure Bill Highlights What is Wrong with Congress
The Bluefield Daily Telegraph cites Vice President for Strategy Iain Murray on the Infrastructure Investments and Jobs Act: Iain Murray of the…
Blog
Nasdaq’s Board Diversity Rule Still a Mistake
On Friday the Securities and Exchange Commission (SEC) approved a new rule from Nasdaq that will require firms listed on that exchange to comply…
Blog
Do We All Deserve a Share of the World’s Natural Resources?
In early July I wrote an op-ed for Inside Sources, which was subsequently picked up by several newspapers, on why the United States should…
News Release
Numbers Show Economy is Recovering, but Washington Spending Won’t Help
New numbers from the Commerce Department show the economy showed strong growth in the second quarter of the hear, with gross domestic product (GDP) at…
Letters
Coalition Urges Fiscal Restraint on Infrastructure Package
Dear Representative: The undersigned organizations ask you to place common sense parameters on the next legislation to address our nation’s infrastructure. As our economy continues…
National Review
Biden’s Executive Order Moves the U.S. One Step Closer to Rule by Decree
President Biden’s sweeping executive order on competition is a strange beast. It lurches from lofty claims about encouraging competition to niggling complaints about…
National Review
Biden’s Regulatory Pen and Phone Must Be Replaced with an ‘Abuse-of-Crisis Prevention Act’
For folks who talk about boring topics such as federal regulation, it’s normal to discuss costs and counts. I’m one of those people. I actually enjoy writing…
News Release
CEI Experts React to President Biden’s Wide-Ranging Executive Order on Competition
President Joe Biden signed an Executive Order on Promoting Competition in the American Economy today, which the White House claims is aimed at enhancing…
Real Clear Policy
Don’t Knock ‘Rainbow Capitalism’ – Business Is an Essential LGBT Ally
During last month’s pride celebrations, there was a lot of debate about corporations and their embrace of Pride Month. As with any popular holiday, corporate…
Blog
Digital Yuan Threatens Global Freedom
“[Bitcoin] is an escape hatch from tyranny and nothing less than freedom money.” – Alex Gladstein, Human Rights Foundation The world is recognizing…
Blog
Reviewing SEC Climate Disclosure Comments
Earlier this week, I wrote a short summary of the comments from myself and my colleague Marlo Lewis to the Securities and…
Blog
Boeing-Airbus Dispute Remains Unsolved: Tariffs Gone, Subsidies Stay
The European Union and the United States eagerly announced today that they had resolved their 17-year dispute over aerospace subsidies. They exaggerate their claims.
Blog
Climate Disclosure Comments to the SEC
The Securities and Exchange Commission’s Allison Herren Lee solicited comments on climate change from the public back on March 15, and the deadline for…
The FinReg Blog
How Policymakers Can Defuse a Major Esg Threat to Shareholder Rights
Since 2004, when the term “ESG” was first used in a report published by the United Nations Global Compact, there has been an explosion of interest…
News Release
Facebook’s Content Moderation Decisions Preferable to One-Size-Fits-All Government Regulation
Facebook announced today it suspended former President Donald Trump from the platform for two years retroactive to January 7, 2021. Responding to a ruling against…
Blog
What Inflation Is, and What It Isn’t
It looks like we’re in for a bit of inflation. After decades of stable 2 percent inflation, the latest indicators say it’s moving up…
National Review
When ‘Voluntary’ Becomes Obligatory — Regulatory Creep and the SEC
There was a time — not so long ago — when it was widely accepted that the primary purpose of a corporation was to generate return…
Fortune
The SEC May Get Tougher On ESG Claims—Shaking Things Up For Investors
As Gary Gensler takes the helm at the Securities and Exchange Commission (SEC), he’ll face decisions on a raft of high-profile issues—including cryptocurrency, the …
News Release
Report: Environmental, Social, and Governance (ESG) Goals Remain Vague but Pose Major Threat
A new Competitive Enterprise Institute report takes a close look at environmental, social, and governance (ESG) theory, a trending cause aimed at pressuring for-profit…
Blog
Is the Biden Administration Socialist?
One of the points I make in The Socialist Temptation is that today’s “democratic socialists” don’t really know what they mean by socialism. Nor…
Letters
CEI Joins Coalition of 23 in Urging Pro-Growth Business Tax Policy
View Full Document as PDF Dear Chairman Wyden, Chairman Neal, Ranking Member Crapo, and Ranking Member Brady: On behalf of the undersigned taxpayer,…
Fox Business
SEC’s Gary Gensler Eyes Crypto And Climate Change With Confirmation Official
Fox Business cites Research Fellow Richard Morrison on ESG: ESG advocates are likely to try to stretch the definition of material as…
FEE
Got Woke: A Review of ‘The Dictatorship of Woke Capital’
How did corporate America, long considered one of the most conservative American institutions, become a lead protagonist in a culture war over all manner of…
Blog
Americans Ambivalent about Billionaire Influence, Reject Left-Wing Hostility
New polling, recently written up at Reason, shows that the American public isn’t nearly as hostile to capitalism, and the leaders of big…
Las Vegas Review Journal
EDITORIAL: Infrastructure Package Meets Federal Red Tape
The Las Vegas Review-Journal cites Senior Fellow Mario Loyola on Biden’s infrastructure plan: The projects that might survive the legislative process as…
National Review
Corporations Don’t Pay Corporate Taxes. People Do
A mammoth infrastructure bill is on the way from Congress, and policy-makers are touting a corporate-tax-rate hike to help pay for it. Treasury secretary…
The Wall Street Journal
It Takes Lots of Permits to Save the Planet
President Biden’s infrastructure plan proposes to spend trillions of dollars toward achieving zero greenhouse emissions by 2050. It won’t reach that goal, for two reasons.
News Release
CEI Experts Say Biden “Infrastructure” Plan Will Harm Economy, Raise Taxes and Costs for Consumers
President Joe Biden’s proposed legislative package to increase taxes and spend trillions was released today by the White House. The wide-ranging bill included provisions on…
News Release
CEI Commends Sen. Lankford for Introducing Pandemic Preparedness, Response, and Recovery Act
On Thursday, Senator James Lankford (R-OK) introduced the Pandemic Preparedness, Response, and Recovery Act. The bill would establish an independent commission to…
Small Business Advocate
AUDIO: How Much Does Private Crypto-Currency Threaten Sovereign States?
Senior Fellow John Berlau joins Jim Blasingame to debate the influence private cryptocurrencies could have on the marketplace, our relationship with government, and the viability…
Small Business Advocate
AUDIO: Dealing With the Reality of Digital Payments and Crypto-Currency
Senior Fellow John Berlau joins Jim Blasingame to discuss the difference between the government’s idea of a digital or crypto-currency and that of the private…
Small Business Advocate
AUDIO: What George Washington would think about 2021 America
Senior Fellow John Berlau joins Jim Blasingame to report how America’s father, George Washington, would think about the 2021 marketplace, and why he wouldn’t be…
Marketplace
Next on Democrats’ Agenda, a “Holistic” Infrastructure Bill
Marketplace cites Senior Fellow Mario Loyola on the Biden administration’s infrastructure package: “Once you’re starting to spend, you know, a trillion or…
Letters
CEI Joins Coalition Letter in Opposition to State Mandate for No Tax Cuts
View Full Document as PDF We, the undersigned organizations, representing millions of Americans and thousands of state and local officials, write to express…
News Release
CEI Offers Reform Ideas to Congress Aimed at Fostering Resilience and Promoting Economic Renewal
Today the Competitive Enterprise Institute (CEI) offered a set of policy reform goals for the 117th Congress focused on economic stimulus and regulatory…
Study
Free to Prosper
View Full Document as PDF Free to Prosper: A Pro-Growth Agenda for the 117th Congress highlights specific steps lawmakers can take to rein in…
Forbes
Republican Surrender To Regulatory Progressivism Is The Wind Beneath Biden’s Wings
Republican senators may have voted in lockstep against Joe Biden’s $1.9 trillion American Rescue Plan, but they still played a role. A year ago, Senators…
News Release
Covid ‘Relief’ Bill Spends Billions on Items Unrelated to Crisis Recovery and Risks Inflation
The House of Representatives is expected to vote this week on final passage of the ‘American Rescue Plan Act,’ a $1.9 trillion proposal touted as…
The Washington Times
Biden Overturned Trump Deregulation Rule That Saved U.S. $160 Billion: Analysis
The Washington Times cites Vice President for Policy Wayne Crews on regulations and the Biden administration: “Biden has jettisoned … most of…
Blog
New President, Same Bad Policies
The Trump administration’s trade war gave economics teachers countless real-world examples of bad policy they can use in the classroom. A new open letter…
Blog
Gensler Agenda at SEC Bears Close Watching
President Biden has chosen former head of the Commodity Futures Trading Commission Gary Gensler as his nominee to be chair of the Securities and Exchange…
Blog
Toward Simplifying Antitrust Regulation
Antitrust regulation is a complex mess. Multiple agencies have overlapping jurisdiction with no set rules for determining who takes which cases. One of the antitrust…
Blog
Best Books of 2020: Joseph Henrich – The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous
It’s early, but The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous by Joseph Henrich will likely be…
Blog
Best Books of 2020: Virgil Henry Storr and Ginny Seung Choi – Do Markets Corrupt Our Morals? (Palgrave MacMillan, 2019)
Most people see markets as dens of greed and moral corruption. In their new book, Do Markets Corrupt Our Morals?, Virgil…
Blog
Some Frequently Asked Questions about Socialism
During my virtual “tour” for the release of my book, The Socialist Temptation, certain questions came up regularly. I have already set out my…
News Release
Corporate Transparency Act Threatens Small Businesses, Privacy Rights
The House today is expected to pass a controversial bill impacting a wide swath of American businesses, as part of the must-pass National Defense Authorization…
Blog
Biden Team Expected to Take Hatchet to Pension Protection Rule
The Department of Labor, under the leadership of Secretary Eugene Scalia, implemented an important (though widely misunderstood) rule this year, regarding how federally regulated pension…
Blog
Retro Review: The Communist Manifesto (1848)
The manifesto of the Communist party, written by Karl Marx and Friedrich Engels in 1847 and first published the next year, has a legendary pair…
Watch Rushing In: The John Wood Story
New CEI Documentary Spotlights Entrepreneur Who Kept Diner Open To Feed Thousands during Lockdowns
During this pandemic and time of social unrest, many people wish they could take action and might not think that small, organized steps could positively…
Blog
High CEO Pay Isn’t Making Anyone Poor
While most American are still following the final vote counts in the 2020 presidential election, many lower-profile, but still important, issues have been decided at…
National Review
Free-Market Victories down the Ballot
The top of the ticket got most of the press, but for free-market enthusiasts, much of the real 2020 action was down ballot. As of…
Blog
James Madison on Why Politics Ruins Everything
Politics has a way of ruining everything. Even kind and intelligent people go through an instant metamorphosis when the conversation changes to politics. Their body…
Blog
New CEI Paper: Antitrust Policy in Europe, Lessons for America
Today, CEI is releasing a new paper on antitrust policy in the European Union by Swiss competition commissioner Henrique Schneider. Europe’s approach to competition…
Blog
Not the Strongest Case: DOJ’s Google Antitrust Complaint
On Tuesday, the Department of Justice (DOJ) filed an antitrust complaint against Google. It marks the beginning of the first major monopolization case since the…
Blog
New CEI Report: Making Sure a COVID-19 Vaccine Is Used
One or more COVID-19 vaccines will likely be approved in the next few months. But this scientific achievement may prove to be the easy part.
Blog
Forty Years of Freedom: Rail Deregulation Worked
Forty years ago today, President Carter signed the Staggers Act, which deregulated the American freight rail industry. As CEI has long maintained, this…
Blog
Tit-for-Tat Tariffs Don’t Work: Boeing and Airbus Show Why
A 16 year-long aerospace subsidies dispute between the United States and the European Union began another round this week. The U.S. claims that the EU’s…
Blog
Jean-Baptiste Say on Manufacturing Nostalgia and Industrial Policy
In his 1803 A Treatise on Political Economy, Jean-Baptiste Say writes: "Production is the creation, not of matter, but of utility." That captures one of…
Blog
Court-Packing Isn’t the Left’s Only Threat to the Supreme Court
The Left’s threat to the pack the Court by expanding the number of justices seems to be unpopular. But they have proposed other policies that…
National Review
Trump Translation Service: ‘There Won’t Be a Transfer of Power’
I’ve been noodling the idea of launching a Trump Translation Service for the large number of Trumpish phrases that his critics and the media don’t…
Blog
New Paper: Antitrust Regulation is #NeverNeeded
My colleague Jessica Melugin and I, along with our former colleague Patrick Hedger, have a new paper out today, “Repeal #NeverNeeded Antitrust Laws that…
Blog
Climate Cronyism: Big Businesses Tailor Policy to Benefit Themselves
A shorter version of this post was published as an op-ed in the Washington Examiner last week. The Business Roundtable (BRT), an association of…
The Washington Examiner
Climate Change Cronyism: Big Businesses Tailor Policy to Benefit Themselves at Your Cost
An association of CEOs of large, U.S.-based corporations has joined the global warming bandwagon, releasing a new policy document, “Addressing Climate…
Blog
Do We Want Corporations to Be Society’s Moral Referees?
The New York Times is observing the 50th anniversary of Milton Friedman’s famous article “The Social Responsibility of Business Is to Increase Its Profits”…
Blog
Socialism, Nationalism, and Political Control: Iain Murray on The Remnant
My colleague Iain Murray had a fascinating conversation this week with The Remnant’s Jonah Goldberg about his excellent new book, The Socialist Temptation.
AM 790 WNIS
AM 790 WNIS
AM 790 WNIS AM790 NewsTalk WNIS cites CEI on economy and regulation. Competitive Enterprise Institute is a free-market think tank that seeks to reform the administrative…
National Review
Let a Thousand ESG Certifiers Bloom
The business world has recently seen a dramatic increase in the vogue for “socially responsible” rules of behavior. Companies are encouraged to make environmental, social, and…
Blog
Are Scandinavian Countries Socialist?
Are modern Scandinavian countries actually socialist? This question must be asked because it is a common rhetorical device of “democratic socialist” politicians to wave away…
National Review
When George Washington Met Moses
In 1790, the United States of America was a new nation, but Moses Seixas was already living what would come to be called the American Dream.
National Review
Why Are We Even Contemplating Canceling Aristotle?
There is a good piece hidden in philosopher Agnes Callard’s recent article for the New York Times about cancel culture. Unfortunately, that piece is lost in the framing device.
National Review
Socialists on the March
Last week, several self-proclaimed Democratic Socialists defeated long-serving Democratic incumbents in New York State primaries. One of the insurgents, Zohran Mamdani, tweeted out the words, “Socialism won.” His pinned tweet on…
The Capitalist League
Iain Murray: Socialism, Capitalism, and American Values
One of the most important things I learned at the feet of Fred Smith, founder of the Competitive Enterprise Institute, was that most Americans don’t…
Town Hall
Socialism and the Cultural Revolution
In the 1953 classic film The Wild One, a girl asks Marlon Brando’s smoldering Johnny Strabler what he is rebelling against. He answers, “What’ve you got?”…
Duluth News Tribune
Jones Act Draws Critics, Defenders: Battle Lines Are Forming as the Merchant Marine Act Marks its Centennial
The Duluth News Tribune references CEI senior fellow Mario Loyola’s writing on the Jones Act: Mario Loyola, a senior fellow with the Competitive Enterprise Institute,…
Forbes
From SpaceX To George Washington: How Our First President Welcomed Balloon Flight And Predicted Air Travel
With its splashdown in the Gulf of Mexico, the SpaceX Crew Dragon became the latest vehicle to continue the tradition of manned flights taking off from and…
American Greatness
U.S. Economy Suffers Biggest Quarterly Decline Ever, Under Coronavirus Lockdowns
American Greatness cites CEI senior fellows John Berlau and Iain Murray: The U.S. House of Representatives and Senate are considering bills for additional coronavirus relief…
National Review
House Antitrust Hearing Discusses Everything but Antitrust Law
In Wednesday’s antitrust hearing with the CEOs of Amazon, Apple, Facebook, and Google, questions from liberal members of Congress laid the groundwork for expanding the…
Blog
Cheers to Department of Labor for Protecting Retiree Investments
At the end of last month the Department of Labor published a new notice of proposed rulemaking on the investment choices that private pension fund…
Blog
The Socialist Temptation: Socialism and American Values
The way to reach people is by making sure a policy accorded with their values. In his new book, The Socialist Temptation, Iain Murray argues…
Blog
New #NeverNeeded Paper: Price Gouging
Massive shortages happened almost instantly when it became clear that the coronavirus would require a nationwide lockdown. Both Commerce Secretary Wilbur Ross and an Amazon…
Blog
Wealthy Millennials Not So Concerned with “Socially Responsible” Investing
In the last few years advocates of corporate social responsibility theory have been assuring everyone who would listen that a new day is dawning for…
Blog
America’s Cultural Revolution
In his forthcoming book, The Socialist Temptation, Iain Murray talks about how socialism in China produced the Cultural Revolution. The text of the book was…
News Release
House Infrastructure Spending Bill Serves as Green ATM
House Democrats will vote today on the INVEST in America Act (H.R. 2), a massive $1.5 trillion infrastructure spending bill. CEI experts across a spectrum…
Blog
George Washington’s Fight (and Ours) against Regulation without Representation
Those who have followed CEI over the years know that one of our main grievances is “Regulation Without Representation.” The phrase—an apt description of laws…
Blog
Emergencies and the Project Manager’s Dilemma
Government agencies’ initial responses to the COVID-19 crisis were notable for one particular characteristic: incompetence. From basic errors in data collection, through failed lab safety…
Cato Journal
Book Review: The American Dream Is Not Dead (But Populism Could Kill It)
Capitalism’s populist critics, on both left and right, have got their critique backward—not only are earnings and economic opportunity not evaporating, as they claim, but…
Blog
Unintended Consequences of Price Gouging
Price gouging legislation routinely backfires. Price controls make shortages worse. In a crisis, this is especially harmful. And even if price gouging legislation were to…
Blog
Value of Employee Benefits in Eye of Beholder
Advocates of “social responsibility” and environmental, social, and governance standards for companies have little interest in their proposed requirements being voluntary, despite frequent protestations to…
Blog
“Social Responsibility” Expectations for Business Pivot from Voluntary to Mandatory
The Financial Times reported that many companies have cut dividends to shareholders because they are struggling with the current economic downturn. But even after we’ve…
Blog
There Is No Such Thing as “Safe”
Iain Murray has a great essay up at Law & Liberty today on why some groups of Americans are perceiving quarantine policies so differently from…
